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DDR Stock Hits New 52-Week High (DDR)

Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model.

NEW YORK (
TheStreet) --
DDR (NYSE:
DDR) hit a new 52-week high Thursday as it is currently trading at $16.59, above its previous 52-week high of $16.58 with 3.9 million shares traded as of 4:02 p.m. ET. Average volume has been 2.7 million shares over the past 30 days.

DDR has a market cap of $5.07 billion and is part of the financial sector and real estate industry. Shares are up 5.4% year to date as of the close of trading on Wednesday.

DDR Corp. operates as a real estate investment trust (REIT) in the United States. The company engages in acquiring, developing, redeveloping, owning, leasing, and managing shopping centers, mini-malls, and lifestyle centers.

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TheStreet Ratings rates DDR as a
hold. The company's strengths can be seen in multiple areas, such as its solid stock price performance, impressive record of earnings per share growth and compelling growth in net income. However, as a counter to these strengths, we find that the company's profit margins have been poor overall. You can view the full
DDR Ratings Report.